Page 462 - Bs Reporter

Private wealth in physical assets falls 2.3%: Karvy

Direct equity was the flavour of FY15, overtaking fixed deposits and bonds to become the largest investment asset class

Essar Oil delisting, once stuck, now through

The regulator also allowed the BSE to accept a bid by Life Insurance Corporation of India (LIC) for 20 million shares of the promoters' buyout offer

Jet Airways takes on travel portals, offers 'Best Price Promise'

Under the offer, the airline will refund the difference between the Jet Airways fare and the third party fare, subject to conditions

WBSEDCL saves Rs 88 cr via online power purchase auction

The power distribution firm had approached mjunction Services Limited to provide an online platform to purchase 500 MW of power per month

Prestige to buyout partners' stake in Bengaluru project for Rs 600 cr

Prestige said its subsidiary Valdel is proposing to purchase 100% of the securities held by Red Fort India Real Estate and Varidge Ventures in Exora Business Park

Jayalalithaa urges centre to issue ordinance to allow Jallikattu

She urged the PM to promulgate an ordinance if the winter session could not be extended and a special session could not be called

IIT Kanpur to set up Centre for Railway Research

Apart from conducting focused research, the centre will train manpower and explore possibility of offering academic programmes

Sebi panel advises on removing 'conflict of interest' while rating

International advisory board suggests suspension of rating by rating agency should be accompanied by reasons

OFS Technologies' IPO opens on Dec 28

Minimum application is to be made for 6,000 shares and in multiples thereon

Sakthi Sugars reaches amicable settlement with bondholders

FCCB (Series B) aggregating to $11.7 million will be settled at 65% of face value on or before March 31, 2016

Odisha invites bids for iron ore block with 100 mt reserve

The electronic auctions will be conducted by central PSU MSTC Ltd

Celgene allows Natco Pharma to launch its multiple myeloma drug in 2026

The volume limitation is expected to increase gradually every year until March 2025

Mahindra to launch premium pick-up range

The pick-up is designed to cater to the needs of small and medium businesses

Advantage to Asian players in new product approvals for biosimilars: Quntiles official

Biosimilars are copies of complex drugs, which are based on living cells

Chennai airport estimates Rs 66 cr loss due to recent rain and floods

The airport's operation was suspended for nearly six days during the deluge

Wipro to acquire Viteos Group for Rs 860 crore

Acquisition to strengthen its presence in capital market segment

Anoop Sharma appointed Managing Director of Essar Shipping

Sharma joined Essar in 2008 and until recently, served as CEO & wholetime director on the company's board

Vistara crosses 1 million passengers mark

Carrier to add four aircraft to its fleet, more destinations

Facebook says will work with RCom, Trai to resolve Free Basics issue

The social media giant's response comes after a report said Trai has asked RCom to suspend Free Basics

RCom, Aircel in talks to merge wireless biz

Three-way consolidation with MTS may create country's second-largest telco